ISLAMABAD, March 1 (Xinhua) -- The
China-Pakistan Economic Corridor has been leaving motivational impacts on
different sectors in Pakistan through its plentiful economic benefits and
opportunities, said a report released here on Thursday.

The report, "The economic benefits of
the modern silk road: The China-Pakistan Economic Corridor (CPEC)," is
jointly prepared by the Association of Chartered Certified Accountants (ACCA)
Pakistan and the Pakistan-China Institute (PCI).

The report, which is based on research
work and surveys, said that the unprecedented CPEC has provided 60,000 jobs to
Pakistanis since 2015 and that it would create over 800,000 new jobs in
different sectors up to 2030.

It said that the 21 energy projects
planned under CPEC will double Pakistan's current capacity of electricity
production by producing 16,400-megawatt electricity after their completion.

Pakistan's Foreign Minister Khawaja
Muhammad Asif said at the report's launching ceremony that the CPEC power
project has brought a great change in Pakistan's energy sector by bringing
13-14 hours a day load-shedding in 2013 to zero in 70 percent areas of the
country.

Asif said he is a firm believer that the
Belt and Road Initiative will change Pakistan and the region for the better
because it is a significant transformative initiative in recent history and is
an engine of shared dreams, common prosperity and win-win cooperation among
countries.

The report predicted that CPEC will change
Pakistan's business and economic landscape through infrastructure and
transportation development, establishing special economic zones, promoting
tourism, increasing trade and commerce.

Chinese Ambassador Yao Jing said at the
ceremony that a lot of investors from China and other countries are coming to
Pakistan to explore business opportunities under CPEC. He said the final
purpose of CPEC is to benefit society and people.

Chairman of the PCI Mushahid Hussain Syed,
who also serves as a senator in Pakistan's parliament, believed that CPEC
benefits are already evident to the people of Pakistan as it has helped the
country achieve a 5.3-percent growth rate in 2017, the highest in last 10
years.

In a survey of 500 finance and business
professionals conducted by the ACCA, 79 percent of them expressed that the
businesses in Pakistan will have to adapt to the changes engendered by CPEC in
next one to five years, the report said.

The report also highlighted the advantages
of the joint ventures, saying that the local experience of Pakistani companies
and the technical skills of Chinese companies will result in a win-win
situation.

Author of the report Malik Mirza stressed
that to meet future challenges, Pakistani businesses should have to adapt to
changes, such as analyzing the Belt and Road Initiative and its impacts,
efficient allocation of resources, investment in human and organizational
development, technological advancement and risk management.